MarketWatch First Take: Forecasts see no dark clouds on horizon for Salesforce, Nutanix

Investors jittery about the murky forecasts from several tech companies this quarter were pleased Tuesday that any references to clouds referred only to products, and not the outlooks for software firms Salesforce.com Inc. and Nutanix Inc.

Both companies reported results that beat analysts’ expectations, sending their shares soaring in after-hours trading. The stock of Salesforce CRM, +0.89% climbed nearly 9% after hours, after the customer-relationship management software firm reported a better-than-expected fiscal third quarter and a slightly better revenue outlook for fiscal 2019 and fiscal 2020. Nutanix NTNX, -1.80% also jumped almost 9% in extended trading after posting an encouraging outlook.

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